Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Indexes  >  USA  >  S&P 500    SP500

S&P 500

(SP500)
SummaryQuotesChartsNewsHeatmapComponents 
News SummaryAll newsNews of the components ofMarketScreener Strategies

S&P 500 sees earnings growth for the first time since 2018

share with twitter share with LinkedIn share with facebook
share via e-mail
02/13/2020 | 11:37am EST

There were many positive earnings surprises in the latest quarter and this could mean that the S&P will see earnings growth for the first time since Q4 2018, according to FactSet.

The financial data and software company says that the blended – which combines actual results for companies that have reported and estimated results for companies yet to report - earnings growth rate for the S&P 500 for the fourth quarter is 0.7% as of February 7. If this maintains, this will mark the first time the index has reported year-over-year growth in earnings since Q4 2018 (13.3%). “Positive earnings surprises reported by S&P 500 companies have led to a net $8.5 billion increase in earnings for the index since December 31”, FactSet says. The Information Technology sector – with Apple, Microsoft and Intel - is the largest contributor to this increase in earnings, accounting for $5.4 billion of the net $8.5 billion increase (or about 63%). Outside of the Information Technology sector, the positive EPS surprises reported by Alphabet ($15.35 vs. $12.49) and Amazon.com ($6.47 vs. $4.04) were also significant contributors.

Source: FactSet

Stocks mentioned in the article
ChangeLast1st jan.
DJ INDUSTRIAL -0.78% 28992.41 Delayed Quote.2.39%
NASDAQ 100 -1.88% 9446.687755 Delayed Quote.10.25%
NASDAQ COMP. -1.79% 9576.590101 Delayed Quote.8.67%
S&P 500 -1.05% 3337.75 Delayed Quote.4.41%

The editorial team
© MarketScreener.com 2020
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on S&P 500
02:48aWHAT'S NEWS : Business & Finance -- WSJ
DJ
02/21WALL STREET STOCK EXCHANGE : Stocks, Bond Yields Drop on Worries About Coronavir..
DJ
02/21Stocks slip as coronavirus fears spur safe-haven buying
RE
02/21Coronavirus fears, U.S. business data drag down Wall Street
RE
02/21Stocks slip as coronavirus fears spur safe-haven buying
RE
02/21Stocks slip as coronavirus fears spur safe-haven buying
RE
02/21TAKE FIVE : 'Our currency, your problem' - all over again
RE
02/21WALL STREET STOCK EXCHANGE : Stocks, Bond Yields Drop on Worries About Coronavir..
DJ
02/21WALL STREET STOCK EXCHANGE : U.S. Stocks Drop on Coronavirus's Economic Impact
DJ
02/21WALL STREET STOCK EXCHANGE : U.S. Stocks Drop on Coronavirus's Economic Impact
DJ
More news
Chart S&P 500
Duration : Period :
S&P 500 Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends S&P 500
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Heatmap :